Russian trade in goods with Saudi Arabia in Q4 2017

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia

The Report on Russia’s foreign trade in goods with Saudi Arabia in the fourth quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Saudi Arabia

In the 4th quarter of 2017, Russia’s trade with Saudi Arabia totaled $248,595,463, up 171.67% ($157,087,577) from the 4th quarter of 2016.

Russia’s exports to Saudi Arabia in the 4th quarter of 2017 totaled $213,257,118, up 284.05% ($157,728,797) from the 4th quarter of 2016.

Russia’s imports from Saudi Arabia in the 4th quarter of 2017 were $35,338,345, down 1.78% ($641,220) from the 4th quarter of 2016.

Russia’s trade surplus with Saudi Arabia in the 4th quarter of 2017 was $177,918,773, a 810.13% increase ($158,370,017) over the 4th quarter of 2016.

Saudi Arabia was Russia’s 68th largest trading partner in the 4th quarter of 2017 (up from 89th in the 4th quarter of 2016), accounting for 0.1487% of Russia’s total trade (up from 0.0672% in the 4th quarter of 2016).

Saudi Arabia was Russia’s 60th largest export market in the 4th quarter of 2017 (up from 80th in the 4th quarter of 2016), accounting for 0.2073% of Russia’s total exports (up from 0.0662% in the 4th quarter of 2016).

Saudi Arabia was Russia’s 79th largest supplier in the 4th quarter of 2017 (down from 75th in the 4th quarter of 2016), accounting for 0.0550% of Russia’s total imports (down from 0.0686% in the 4th quarter of 2016).

Russia’s Exports to Saudi Arabia

The major share of Russian exports to Saudi Arabia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types: